{"id":114141,"date":"2026-03-18T00:00:00","date_gmt":"2026-03-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/"},"modified":"2026-03-18T03:28:07","modified_gmt":"2026-03-18T03:28:07","slug":"this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/","title":{"rendered":"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn"},"content":{"rendered":"<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Good morning, friends, and happy early Eid Al Fitr. <\/strong>We\u2019re still waiting for confirmation tonight that Ramadan ends today, but the country is setting off for the Eid break anyway as of tomorrow for a long weekend.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>**PROGRAMMING NOTE- <\/strong>EnterpriseAM UAE will also be off for Eid Al Fitr starting tomorrow, and will be back in your inboxes at the usual time on Monday, 23 March.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Eid celebrations will likely not have the same flavor as every<\/strong><strong> year. <\/strong>Several public attractions are still closed down, and you likely won\u2019t be seeing prayer mats filling up the streets outside of mosques for Salat El Eid, with <a href=\"https:\/\/x.com\/UAEmediaoffice\/status\/2033999897054396878\" target=\"_blank\" rel=\"noopener\">instructions<\/a> given to ensure prayers happen only inside mosques for safety reasons.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The country is continuing to face attacks<\/strong>, with loud interceptions heard in Dubai late last night and a public safety alert sent to our phones. Falling shrapnel from a ballistic missile interception in Abu Dhabi <a href=\"https:\/\/www.wam.ae\/en\/article\/bz8zml0-abu-dhabi-authorities-respond-incident-involving\" target=\"_blank\" rel=\"noopener\">led to another civilian fatality<\/a> yesterday morning, and tankers are being hit off the coast of the UAE. The tanker, <a href=\"https:\/\/www.ukmto.org\/recent-incidents\" target=\"_blank\" rel=\"noopener\">hit<\/a> some 23 nautical miles east of Fujairah while anchored, resulted in minor structural damage, but no injuries. An Iranian projectile <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/australia-says-iranian-projectile-hits-uae-airbase-all-personnel-safe-2026-03-18\/\" target=\"_blank\" rel=\"noopener\">hit near Australia\u2019s Al Minhad Air Base<\/a> earlier today, resulting in a small fire but no injuries.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Plus: Dubai International Airport continued to face severe operational bottlenecks following <\/strong><strong>strikes<\/strong>, the <a href=\"https:\/\/www.ft.com\/content\/cc256f74-fcc2-4b25-b4ba-1c5c5b6a4d23\" target=\"_blank\" rel=\"noopener\">Financial Times<\/a> reports. After our airspace was temporarily shuttered Tuesday morning following an attack on a fuel tank earlier on Monday, and more reported attacks later in the night, flights restarted, though the airport continued to grapple with a backlog of cancellations and severe delays.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>D<\/strong><strong>aily <\/strong><strong>port loadi<\/strong><strong>ngs have also been taking a hit: <\/strong>Loadings in Fujairah plummeted by 66% during the week of 9 March, falling significantly from the 1.9 mn bbl \/ d seen a week prior, <a href=\"https:\/\/www.lloydslist.com\/LL1156639\/Fujairah-loadings-plummet-as-drone-attacks-rock-UAE-port-prompting-tanker-rethink\" target=\"_blank\" rel=\"noopener\">Lloyd\u2019s List<\/a> reports, citing data by market analytics firm Vortexa.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>As we head into the long weekend, we look at if the Gulf might respond<\/strong> <strong>\u2014 as well as how and when \u2014 to Iran\u2019s attacks in the coming weeks<\/strong>, including reports of the UAE offering up potential support of the US in securing the Strait of Hormuz.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>AND- As the fallout from data center disruptions following the attacks on AWS\u2019 data centers earlier in the month seemingly settles<\/strong>, we ask how foreign investors might approach investments in data centers in the region now \u2014 and what they might be looking for from governments in our neck of the woods.<\/p>\n<p class=\"tag-border-left\">Happening today<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">I<strong>t\u2019s interest rate day:<\/strong> The Fed will make its interest rate announcement later today \u2014 and tomorrow is equally big a day, with the ECB, Bank of England, and Bank of Japan doing the same. Central banks in China, Canada, Australia, Brazil, Sweden, and Switzerland are also meeting this week to set rates.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The Fed is widely expected to keep rates unchanged<\/strong> as it takes stock of the economic fallout from the war. Policy decisions moving forward might prove tricky. The war\u2019s pressure on oil prices threatens to spike inflation, while the US labor market is also looking weak, so the case for looser vs. tighter economic policy might be much less clear than before.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>WEATHER- Temperatures are thankfully cooling slightly<\/strong><strong> from their earlier highs<\/strong>, rising to a high of 29\u00b0C in Dubai and Abu Dhabi, and reaching a low of 20\u00b0C overnight.<\/p>\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt1\"><\/a> <strong>LOGISTICS \u2014<\/strong> <strong>Dubai + Oman<\/strong><strong> activate green corridor <\/strong><strong>to bypass<\/strong><strong> logistics bottlenecks: <\/strong>Dubai and Oman Customs have introduced a temporary joint corridor to expedite procedures for sea and air cargo, according to a <a href=\"https:\/\/ent.news\/2026\/3\/910.pdf\" target=\"_blank\" rel=\"noopener\">statement (pdf)<\/a>. Shipments originally bound for Dubai\u2019s Jebel Ali Port or Dubai International Airport will be rerouted through Omani ports and airports, before being transported via bonded trucks through the Hatta-Al Wajajah border crossing.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>A joint push to safeguard GCC supply chains: <\/strong>Oman is leveraging its geography \u2014 located outside of Hormuz \u2014 to ensure that disrupted sea and air flows do not result in stranded cargo or empty shelves. For operators, this means diverted goods won\u2019t face the standard double-handling or administrative delays of a second country\u2019s customs. Instead, Omani authorities will verify seals and transit declarations to facilitate an easy move to Dubai.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What\u2019s next?<\/strong> We can expect a surge in bonded trucking demand along the Oman-UAE axis. While the corridor is temporary, how long it stays operational will likely depend on how long the current regional disruptions persist.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt4\"><\/a> <strong>And more rerouting through Oman\u2026<\/strong> <strong>Emirates<\/strong><strong> Global Aluminium (EGA) will reroute its aluminum<\/strong><strong> exports and raw <\/strong><strong>materials through Oman\u2019s port of Sohar<\/strong> in the coming days to bypass the Strait of Hormuz, three sources told <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/ega-export-aluminium-via-oman-amid-gulf-disruption-sources-say-2026-03-17\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>. Alumina feedstock will then be transported by truck to either Dubai or Abu Dhabi for smelting.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>IN CONTEXT- <\/strong>Aluminum prices hit a four-year high at USD 3.5k per metric ton last week, climbing 12% since the war echoed concerns of global market shortages. The Gulf hosts approximately 7 mn tons of aluminum production \u2014 representing about 9% of the world\u2019s supply. EGA produces around 2.7 mtpa of primary aluminum in the UAE.<\/p>\n<hr style=\"height: 2px;border-width: 0;color: gray;background-color: gray\" \/>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>ENERGY \u2014<\/strong> <strong>A 30-member national team<\/strong><strong> and five <\/strong><strong>technical committees will now steer a 2050 demand management plan for energy efficiency<\/strong> spanning 34 initiatives, <a href=\"https:\/\/gulfnews.com\/uae\/uae-launches-2050-energy-efficiency-plan-featuring-34-national-initiatives-1.500477319\" target=\"_blank\" rel=\"noopener\">Gulf News<\/a> reports. The Energy and Infrastructure Ministry fast-tracked 16 initiatives across buildings, transport, industry, and agriculture, shifting focus toward the execution and coordination of energy and water consumption policies.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The targets: <\/strong>The plan plugs into the <a href=\"https:\/\/u.ae\/en\/about-the-uae\/strategies-initiatives-and-awards\/strategies-plans-and-visions\/environment-and-energy\/uae-energy-strategy-2050\" target=\"_blank\" rel=\"noopener\">UAE\u2019s updated Energy Strategy 2050<\/a>, which aims to improve energy efficiency by 42-45% by 2030, triple renewable capacity, lift clean energy\u2019s share of the mix to some 30%, and mobilize AED 150-200 bn in investments.<\/p>\n<hr style=\"height: 2px;border-width: 0;color: gray;background-color: gray\" \/>\n<p><a id=\"wwtt2\"><\/a> <strong>CAPITAL MARKETS \u2014<\/strong> <strong>Shareholders<\/strong><strong> of ADX-listed conglomerate International Holding Company (IHC) signed off on <\/strong><strong>a fresh share buyback program worth up to AED 5 bn<\/strong>, representing roughly 0.6% of the company\u2019s total shares, according to <a href=\"https:\/\/ent.news\/internal\/114071.pdf\" target=\"_blank\" rel=\"noopener\">a bourse filing (pdf)<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The move comes just three months after it wrapped another <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/uae\/2025\/12\/04\/emerging-markets-surge-on-ai-optimism-though-india-lags-behind\/\" target=\"_blank\" rel=\"noopener\">buyback program<\/a><\/strong> in December. Though it signaled at the time that it was done with further repurchases for the foreseeable future, the board is now looking toward a capital reduction via share cancellation if the shares aren\u2019t sold in two years\u2019 time.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>A vote of confidence in its own shares: <\/strong>In the cold logic of capital allocation, a buyback is a company\u2019s way of signaling that its own equity offers a better ROI than any external allocation or dividend. By returning to the market soon after its previous program, IHC is signaling that it still views its current share price as a markdown to its intrinsic value.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Market reax: <\/strong>IHC\u2019s shares fell 0.2% yesterday to AED 390.2. It\u2019s down 2.4% YTD.<\/p>\n<hr style=\"height: 2px;border-width: 0;color: gray;background-color: gray\" \/>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>BANKING<\/strong> <strong>\u2014 CBUAE readies resilience package to fortify banking sector: <\/strong>The Central Bank of the UAE has greenlit a five-pillar Financial Institutional Resilience Package to insulate the banking sector from global volatility, state news agency <a href=\"https:\/\/www.wam.ae\/en\/article\/bz8znmj-cbuae-board-reviews-strength-resilience-uae%E2%80%99s\" target=\"_blank\" rel=\"noopener\">Wam<\/a> reports.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Under the program<\/strong>, banks will have improved access \u2014 up to 30% \u2014 to their reserved reserves, extra loans in AED and USD, more leeway in keeping liquidity thresholds, and can more easily dip into extra capital buffers. They will also have more flexibility in postponing loan classification for clients in financial stress.<\/p>\n<p class=\"tag-border-left\">The big story abroad<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Major escalations have kept the regional war on the front pages<\/strong>, chief among them was the <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-17\/ali-larijani-key-wartime-leader-in-iran-is-killed-at-67\" target=\"_blank\" rel=\"noopener\">killing of Iran\u2019s top security official<\/a> Ali Larijani by an Israeli airstrike. Larijani \u2014 a longtime architect of Iran\u2019s security policy \u2014 is the most senior regime member killed in the war after former supreme leader Ali Khamenei, to whom he was a close advisor.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Israel also <\/strong><strong><a href=\"https:\/\/apnews.com\/article\/iran-iraq-us-israel-trump-march-17-2026-35d15d7cbcfa65fd7d180c28d38e7f31\" target=\"_blank\" rel=\"noopener\">killed<\/a><\/strong><strong> General Gholam Reza Soleimani<\/strong>, the head of Iran\u2019s Revolutionary Guard\u2019s all-volunteer Basij \u2014 a paramilitary volunteer militia.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Meanwhile, a top US counterterrorism official <\/strong><strong><a href=\"https:\/\/www.ft.com\/content\/f3dad979-875e-4ee7-836c-264890d5df6b?syn-25a6b1a6=1\" target=\"_blank\" rel=\"noopener\">resigned<\/a><\/strong><strong> over Washington\u2019s war on the <\/strong><strong>Islamic Republic. <\/strong>Joe Kent \u2014 the director of the US National Counterterrorism Center \u2014 stepped down yesterday, <a href=\"https:\/\/x.com\/joekent16jan19\/status\/2033897242986209689\" target=\"_blank\" rel=\"noopener\">claiming that<\/a> \u201cIran posed no imminent threat to [the US]\u201d and attributed the operation to \u201cpressure from Israel and its powerful American lobby.\u201d<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The war has sent US gas prices beyond USD 3.75 a gallon for the first time since October <\/strong><strong>2023<\/strong>, <a href=\"https:\/\/www.reuters.com\/business\/energy\/us-gasoline-prices-soar-past-375-gallon-middle-east-war-rages-2026-03-17\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a> reports, citing data by fuel price tracker GasBuddy.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">Get <b style=\"font-weight: bold\">Enterprise<\/b> daily<\/h4>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p><a class=\"btn-green px-3 d-flex align-items-center\" href=\"\/egypt\/en\/user\/NewsLetters\" target=\"_blank\" rel=\"noopener\">Subscribe here<\/a><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">***<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq and Hassan Allam Properties.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on <a href=\"mailto:UAE@enterpriseAM.com\" target=\"_blank\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\" target=\"_blank\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a href=\"https:\/\/enterprise.news\/ksa\/en\" target=\"_blank\" rel=\"noopener\">Saudi Arabia<\/a><\/strong>, and the MENA <a href=\"https:\/\/enterprise.news\/logistics\/en\" target=\"_blank\" rel=\"noopener\">logistics<\/a> industry?<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">***<\/p>\n<p class=\"tag-border-left\">Market watch<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><a id=\"wwtt3\"><\/a> <strong>Middle East crude benchmarks are printing<\/strong><strong> at record highs: <\/strong>Dubai hit USD 153.25 \/ bbl for May loading cargoes, while Oman futures touched USD 147.79 \/ bbl, <a href=\"https:\/\/www.reuters.com\/business\/energy\/middle-east-oil-benchmarks-hit-record-highs-war-cuts-supply-2026-03-16\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a> reports, citing Platts. The premium to Dubai swaps surged to USD 56 \/ bbl from just USD 0.90 in February, with Oman showing a similar spike.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The demand side is already reacting: <\/strong>Crude flows to Asia dropped to 11.7 mn bbl \/ d in March from some 19 mn bbl \/ d in February. With Dubai pricing the bulk of Gulf crude into Asia, the spike is forcing buyers to either hunt for alternatives or simply process less. Meanwhile, the spread with Murban, sitting at USD 111.76 \/ bbl, is stretching credibility, exposing how disconnected the benchmark has become from actual tradable barrels.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The physical market is collapsing underneath the benchmark:<\/strong> Gulf crude exports <a href=\"https:\/\/www.reuters.com\/ar\/business\/CWITEJWWRVO4VNJXPNOQXEBKOE-2026-03-16\/\" target=\"_blank\" rel=\"noopener\">fell<\/a> by some 60-70% this week versus February levels, with flows dropping to as low as 7.5-9.7 mn bbl \/ d from some 25-26 mn bbl \/ d. Producers are shutting in output as storage fills up \u2014 with floating storage swelling to more than 50 mn barrels from some 10 mn pre-war \u2014 forcing cuts estimated at 7-10 mn bbl \/ d across the region.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The real issue sits within the benchmark itself, as a shrinking pool of trades sets <\/strong><strong>global prices. <\/strong>Platts dropped three grades tied to Hormuz flows, leaving Oman and Murban to anchor the pricing window. Traders say the Market on Close window is effectively dominated by a single buyer, with TotalEnergies lifting 24 cargoes, or 12 mn barrels this month \u2014 enough to shape the curve. Platts is now reviewing its methodology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Middle East crude benchmarks are also posting record highs<\/p>\n","protected":false},"author":1,"featured_media":114142,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1543],"tags":[29,871,7,31,99,1813,470,2354,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-114141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-capital-markets","tag-emirates-global-aluminium","tag-enterpriseam-uae","tag-international-holding-company","tag-logistics","tag-oil-gas","tag-oman","tag-trade-and-logistics","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"e998bd11-3d1c-4895-b5e7-7939472ce7b2","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/3\/931.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn","related_issue":[114139],"teaser":"Middle East crude benchmarks are also posting record highs","photo_link":"","related_sponsor":"","voice_url":"","en_translation_ref_id":"","section_story_id":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn\" \/>\n<meta property=\"og:description\" content=\"Middle East crude benchmarks are also posting record highs\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-18T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-18T03:28:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1\" \/><meta property=\"og:image\" content=\"https:\/\/ent.news\/2026\/3\/931.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn\",\"datePublished\":\"2026-03-18T00:00:00+00:00\",\"dateModified\":\"2026-03-18T03:28:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/\"},\"wordCount\":1743,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1\",\"keywords\":[\"capital markets\",\"Emirates Global Aluminium\",\"EnterpriseAM UAE\",\"International Holding Company\",\"logistics\",\"Oil &amp; Gas\",\"Oman\",\"TRADE AND LOGISTICS\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/\",\"name\":\"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-03-18T00:00:00+00:00\",\"dateModified\":\"2026-03-18T03:28:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn","og_description":"Middle East crude benchmarks are also posting record highs","og_url":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/","og_site_name":"UAE","article_published_time":"2026-03-18T00:00:00+00:00","article_modified_time":"2026-03-18T03:28:07+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1","type":"","width":"","height":""},{"url":"https:\/\/ent.news\/2026\/3\/931.jpg","width":1,"height":1,"type":"image\/jpeg"}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn","datePublished":"2026-03-18T00:00:00+00:00","dateModified":"2026-03-18T03:28:07+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/"},"wordCount":1743,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1","keywords":["capital markets","Emirates Global Aluminium","EnterpriseAM UAE","International Holding Company","logistics","Oil &amp; Gas","Oman","TRADE AND LOGISTICS","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/","url":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/","name":"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1","datePublished":"2026-03-18T00:00:00+00:00","dateModified":"2026-03-18T03:28:07+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: Dubai, Oman team up to bypass logistics bottlenecks + IHC signs off on buyback program up to AED 5 bn"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/931.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/114141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=114141"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/114141\/revisions"}],"predecessor-version":[{"id":114179,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/114141\/revisions\/114179"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/114139"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/114142"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=114141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=114141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=114141"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=114141"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=114141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}